Tag: ubs

Recent SEC Actions Charging Dark Pools [INFOGRAPHIC]

Recent SEC Actions Charging Dark Pools [INFOGRAPHIC]

According to the SEC’s orders instituting settled administrative proceedings against Credit Suisse: Credit Suisse misrepresented that its Crossfinder dark pool used a feature called Alpha Scoring to characterize subscriber order flow monthly in an objective and transparent manner.  In fact, […]

Swiss – US Tax Evasion Saga: Where Are We Now?

Swiss – US Tax Evasion Saga: Where Are We Now?

Swiss – US Tax Evasion Saga: Where Are We Now? by Matthew Allen – swissinfo.ch swissinfo.ch charts the evolution of the long-running tax dodging dispute between Switzerland and the United States and looks at how far there is still to […]

Economic Data Is Less Reliable Than Ever: UBS

Economic Data Is Less Reliable Than Ever: UBS

Economists and statisticians have long understood that economic data is only of limited reliability. The average man on the street, on the other hand, almost always assumes the unemployment or economic growth figures provided by the government and the financial […]

Chart via S&P CapIQ

Reputation Risk Drives Credit Suisse Strategy

Reputation Risk Drives Credit Suisse Strategy by John Heilprin, swissinfo.ch Switzerland’s second-biggest bank is getting back to what it has done best in a bid to restore investor confidence by reshaping its business and boosting profitability. In a word, it’s […]

Banks Will Control Symphony Exclusivity

Banks Will Control Symphony Exclusivity

Symphony is not trying to kill Bloomberg. Symphony is not trying to kill Bloomberg. Symphony is not trying to kill Bloomberg. Such has been the hypnotic chant, repeated over and over by Symphony CEO David Gurlé since major banks revealed […]

UBS Fined Over Risky Puerto Rican Bonds

UBS Fined Over Risky Puerto Rican Bonds

The Financial Industry Regulatory Authority (FINRA) fined UBS for infractions related to risky Puerto Rican debt, an issue that exploded by orders of magnitude when the island’s debt became unsustainable. UBS clients loaded up with risky Puerto Rican bonds, face […]